The concept of treating organizational knowledge...

The concept of treating validational familiarity as a precious asset to leading organizations has been popularized by leading management and organization theorists. With the Organizations ar being advised that in score to run competitive, they must efficiently and effectively create, locate, capture, and sh are their organizations familiarity and expertise, and countenance the ability to use that knowledge on specific problems and opportunities. Firms are showing a tremendous interest in implementing knowledge management processes and technologies, and are even beginning to adopt knowledge management as part of their overall business strategy.

Although knowledge management is becoming widely accepted, few organizations today are fully capable of developing and leveraging critical organisational knowledge to improve their performance. Many organizations have become so complex that their knowledge is fragmented, difficult to locate and share, and therefore redundant, unsuitable or not used at all. In todays purlieu of rapid change and technological discontinuity, even knowledge and expertise that can be shared is often quickly make obsolete. However, while many people call for effectively managing knowledge, close no research has been done regarding how to do it.

What is familiarity?

association is ordinarily distinguished from data and information. Data represents observations or facts out of context, and therefore not directly meaningful.



Information is derived from placing data within around meaningful context, often in the form of a message. Knowledge is what we come to believe and value based upon the meaningfully nonionised information (messages) one gains through experience, communication or inference. Knowledge can be viewed both as a involvement to be stored and manipulated and also as a process of concurrently knowing and acting - that is, applying expertise. In order to succeed in todays business world, organizations need to manage knowledge both as an object and as a process.

Knowledge can be dumb or explicit.

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